Current Affairs Global - 7 October 2014

1. Japanese Isamu Akasaki and Hiroshi Amano and American Shuji Nakamura won the 2014 Nobel Prize for Physics for their contribution in inventing the LED, a new energy efficient and environmentally friendly light source.

The blue light-emitting diode (LED) is now the most energy-efficient and environment-friendly light source.

2. Nasdaq-listed IT Services Company Cognizant has acquired digital marketing company Cadient Group for an estimated USD 30 million.Cadient serves a broad spectrum of life sciences companies and its clients are spread across pharmaceutical, biotechnology, consumer health and medical device industries.

This acquisition will help to increase its presence in Life science and pharma market. Currently Cognizant serves 28 of the top 30 global pharmaceutical companies and 16 of the top 20 health plans in the US.

3. Technology giant Hewlett-Packard has announced to split its entire business into two separate companies in order to improve efficiency. The companywill separateits better-performing computer and printer business from its corporate hardware and services operations. Post the spilt, Shareholders will be given a stake in both the companies.

4. Famous Olympic swimmer and 18 Olympic gold medal winner Michael Phelps has been suspended from all competition for next six months by USA Swimming after his arrest due to drunk driving. After this, he will not take part in the 2015 World Championships to be held in Kazan, Russia.

5. Uk-s Oliver Wilson won his first European golf title at the Alfred Dunhill Links Championship held recently after defeating world number one Rory McIlroy by one stroke on 17 under par.

He played in the 2008 Ryder Cup but lost his European Tour card in 2012 and needed an invite to play at St Andrews.